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Search Results 0 to 38 of about 39 (some duplicates have been removed)
now. >> you were shocked when you heard that president obama had named mary jo white to lead the securities and exchange commission. and you wrote that she was a partner in a law firm that represented a lot of these big banks. you know, bank of america, goldman sachs, chase, aig, morgan stanley. you said, "she dropped out and made the move a lot of regulators make, leaving government to make bucket loads of money, working for the people she used to police." and i gather your great concern is that you don't want to see the country's top financial cop being indebted to the people who created the bank roe? >> right. yeah, absolutely. i mean, it's just simple common sense. i mean, you're sitting on $10 million, $15 million, however much money she made working there at debevoise and plimpton when she was a partner and you owe that money to this specific group of clients and now you're in charge of policing them, just psychologically think of that. it doesn't really work, you know? it doesn't really work in terms of how aggressive a prosecutor should be, what his attitude towards t
. tom's off tonight. americans are waiting to hear from president obama as he gives his state of the union speech. we look at his jobs plan and what wall street wants to hear from the president. and currency wars: g-7 countries say they're looking to boost their local economies, but critics say they're aiming to get ahead by weakening their currencies. that and more tonight on "n.b.r." we're hours away from president obama's state of the union address. americans aren't just listening for what he says but how he says it. will he strike a hopeful or optimistic tone, and will he offer a concrete plan to create jobs and grow the economy? washington bureau chief darren gersh reports. >> reporter: with more than half of americans thinking the economy is still in recession, it makes sense that the president is focused on a jobs agenda in his speech tonight. but while his plan may be new, the challenge is not. >> the economy is not growing fast because the demand for the goods and services that we can produce in this country has not increased very much. and unfortunately, the public s
growth, a rising thriving middle class. >> president obama delivered his fourth state of the union address tuesday. in attendance were senate and house members, six of the nine justices of the supreme court, the joint chiefs of staff, members of this cabinet and assorted dignitaries. over the course of one hour, the president unveiled proposals to boost the economy, help the middlal class, invest in the nation's aging infrastructure, create more high-tech manufacturing, a big emphasis, expand preschool education, up high school standards and make college more affordable >> nothing i'm proposing tonight should increase our deficit by a single dime. it is not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth. >> the president also appeals to congress to work together on climate change, immigration reform, and particularly on the phony issue of automatic government budget cuts known as sequestration. >> question. when former president clinton took the helm during an economic downturn, he said he had a quote laser-like focus on
again. >> president obama used his bully pulpit this week to call on congress to avoid, get this, sequestration. that's washington nomenclature for automatic spending cuts due to go into effect on march 1, next friday. on that date, both military and domestic programs will feel the impact of the monumental $85 billion cuts slated for this year, 2013, alone. not only does the president condemn the cuts, but his administration is also sounding the alarm. first, the secretary of state. >> but in these days of the looming budget sequester that everyone actually wants to avoid, or most, we can't be strong in the world unless we are strong at home. my credibility as a diplomat, working to help other countries create order is strongest when america at least puts its own fiscal house in order, and that has to be now. >> next, the secretary of defense. >> members of congress need to understand that they were elected to protect the public, not to hurt the public. and i hope they will remember that as they hopefully work towards a resolution of this issue. >> the president and his cabinet a
been growing at an average of about 2%, unemployment is where it was when barack obama took office, we are adding about 150,000 jobs a month, but john, the real problem here is this slow growing is occurring when we have had five straight trillion dollars worth of defense deficits to pump it up and we get $85 billion a month in transfusions a month from the fed and we are still limping along like a mature and quite frankly modest economy. >> eleanor? >> i think these numbers reflect the fact that government is shrinking and the defense department really pulled back in the last quarter of last year. it is a cautionary sign and looks like both parties are kind of sleepwalking their way toward a sequester. the ropes don't want to -- the republicans don't want to give up anything on the revenue side they would rather take a hit in spending. the democrats have protect social security, pell grants and medicaid, so they are not going to cave first. so if neither party blinks, the sequester will go ahead and we'll see further contraction in the economy. but you know, i'm not that glammy. i tak
, because i disagree on the fact it is not hard politics. for barack obama it is hard politics. the politics are hard for him, because he has already signaled he is willing to talk about deficit reduction. a lot of them are disturbed. he has gotten comfortable willing to make deficit reduction a priority, given the pain people are going through right now. paul krugman writes about this, stop embracing the notion of deficit reduction. now there are others who make this point all the time. you have got people pushing him to talk about deficit reduction. if you look at sunday morning talk shows, and i am not talking about the right. i am talking about democrats and folks on the left who are saying he has to agree to some entitlement cut spending. turn on the tv, and folks on the left are saying when the politics are concerned, he has to agree to entitlement cuts. tell me why they are not hard. >> you are right. >> back it up and understand there are millionaires who have spent hundreds of millions of dollars to create this type of culture that says we are going to have to cut social security, m
, and a permanent one in djibouti. u.s. drone attacks ordered by obama have spiked particularly in yemen, somalia, afghanistan, and notably pakistan where over 360 drone strikes over the nine years, 2004 to 2013, have killed over 3,000 people. this data is not classified. and not even secret. but it is troubling. so troubling that the u.n. has just decided to launch an investigation on the impacts of drone strikes on thousands of civilians. question. will the u.n. human rights council rule that drone use violates international law do you think, pat buchanan? >> i don't think they l. if they do, john, it doesn't make any difference. but we really ought to be concerned about these drones. they're a tremendously effective weapon. they save our pilots and the rest of it. but the collateral damage, the killing of civilians, the killing of children, the tremendous alienation they've increased all over this region has resulted in al-qaida frankly getting a tremendous number of new recruits. are we recruiting more enemies than we're killing? that's the key question when you look to see how al-qaida is no
obama's proposal to increase the minimum wage to $9 an hour, up from $7.25. the plan was unveiled in the president's state of the union address last night. and today it re-kindled a nation-wide debate of whether the measure would help or hurt workers and businesses, and the economy. darren gersh reports. >> reporter: supporters of a higher minimum wage increase point to studies showing little impact on employment after the pay at the bottom of the job market goes up. one reason is that employers may actually come out ahead when they are forced to pay workers more. productivity and job satisfaction improve and turnover falls. >> so employers get to reap the benefits of lower hiring and firing costs, lower turnover costs. hiring and firing is actually very expensive to companies, so if you pay people a little higher wage, they have more job stability. that's actually good for everyone. >> reporter: of course, we're talking about economics, which means there are other studies that show a minimum wage hike is most likely to hurt those who need it most. critics point to research showin
? tavis: is the obama era at the right time -- i am not making judgment one way or another, but is this the right time for this type of sitcom? >> interestingly enough, the obama administration invited us to screen it. we got their blessing. ironically, the obama speech writer is our head writer, and so i think so. but the interesting thing about it, it is not necessarily a show about politics. it is a show about a family with the backup of politics. tavis: it is the white house. before i go further, i was asking off-camera because your name is so unusual, not that smiley is that common, or tavis. >> well, josh is short for joshua, and gad is short for gad. gad is one of the tribes of israel, you can trace them back, so i come from very famous lineage. granted, and they do not have cameras back then, so they did not have television shows, but it was more about their contribution to biblical stories. tavis: what about that? >> it gets you into bars, some extra poll. -- pull. tavis: does it work with the ladies? >> i cannot tell you. i am marriage, but off the record, yes. ta
>>> president obama urges seizing this moment to overhaul our nation's immigration laws. >> now is the time to find a better way to welcome the striving, hopeful immigrants who still see america as the land of opportunity. >> what does this mean for california? from the central valley to silicon valley? >>> and san francisco implements a controversial law. it enables court-ordered treatment for mentally ill patients at risk of becoming violent. >> these folks are a danger to themselves and to others. >>> plus, the 49ers gear up for the super bowl. a report from new orleans. coming up next. >>> good evening. i'm viviana ritado. welcome to "this week in northern california." what happens or doesn't happen in washington on immigration this year will have a big impact here in california. president obama pressed congress to pass within the next six months comprehensive immigration reform. he addressed this issue in las vegas on tuesday. >> if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away.
. president obama leans into the issue of transparency more than any other president and is also defaulting back into this framework of security, so the principles of this new age, the principles of collaboration, it is about collaboration. trust. if you are not open, still holding on to balts of information, you are not going to build that trust, and the problem is we become more and more disengage. local elections in los angeles, 12% of people showing up that are registered, and it is not even a headline because it has been happening for years. people are sick and tired of voting. i think this is a fundamental principle in a new age. tavis: what would be the motivating factor for government to be transparent? because when you put more out there, people know more, and when they know more, they ask more questions, so there are costs, repercussions. why would people in sacramento or anyone else want to be more transparent? >> i talked about this in the book that i have that. the freedom of information. you know that is tomorrow's headline. our default is secrecy. but it is a world of hyper t
on nbr. president obama is preparing to deliver his first state of the union address of his new term, tomorrow. the american people will be listening carefully to his plans to grow the economy, especially as they struggle with less take home pay, and worries about their jobs. while there are signs of improvement in the economy, the unemployment rate rose in january to 7.9%. so what is the current state of the economy? erika miller talked to two experts with different views. >> reporter: it may seem strange to many investors that the stock market can be hovering at five- year highs, when the economy is so weak. but what's fueling the rally is not the current situation, it's hope. >> we've taken out some of the downside tail risks. so, we're feeling like although it's not going to be a boom-y year, at least it will be a year where we can reasonably expect that the economy will continue to, you know, make progress. >> reporter: he expects there will be a continued slow, but steady, fall in the unemployment rate. in addition, the housing market recovery is spreading. >> we've seen a pick
home the bacon. although the money power that controls congress could thwart everything obama proposed in his state of the union address, there was not a single word in that speech about taming the power of private money over public policy. and so it goes. the golden rule of politics. he who has the gold, rules. can we do anything about it? my two guests think we can. they say that if anybody should own the politicians, we the people should. dan cantor is a former community and union organizer who's executive director of the working families party. that's a third party that began in new york state and has now spread to five others. since its launch 15 years ago, he's helped lead the party's efforts to elect progressive candidates throughout the state and worked to increase new york's minimum wage and raise taxes on the rich. jonathan soros is one of those who would pay more. he's a lawyer, investor, and philanthropist working on economic change and social goods. a senior fellow at the roosevelt institute exploring the role of corporations in society, and co-founder of the super pac fri
are practically flat on their back. president obama has finally recognized they need help. in his state of the union, he proposed an increase in the minimum wage. >> tonight let's declare that in the wealthiest nation on earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour. >> but as the economist dean baker points out this week, "if the minimum wage had risen in step with productivity growth, it would be over $16.50 an hour today." we talk a lot about what's happening to the middle class, but the american dream's really become a nightmare for the poor. just about everyone has an opinion about the trouble we're in. the blame game is at fever pitch in washington where obstinate republicans and hapless democrats once again play kick-the-can with the problems we face. you wish they would just stop and listen to richard wolff. an attentive and systematic observer of capitalism and democracy, he taught economics for 25 years at the university of massachusetts and has published books such as "democracy at work," "occupy the economy
gersh reports, president obama today asked congress to delay the cuts before the march 1 deadline. >> reporter: with $44 billion in spending cuts in defense and most other federal programs just weeks away, the president urged congress to pass a mix of spending cuts and tax increases to ease the immediate hit. >> there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy, should be put in jeopardy just because folks in washington couldn't come together to eliminate a few special interest tax loopholes. >> reporter: republicans dismissed the calls for more tax increases, and many argue the threat of the automatic spending cuts known as the sequester are the only way to force democrats to accept more spending cuts. but their leverage may be limited. >> i think we will have the sequester for a short period of time, probably until the first civilian employee of the government is furloughed, which might take about a week. and then, that pain may be enough to cause the people on ca
&p 500 up 0.1%. in washington, this week's theme was the middle class. president obama underlined that in his state of the union address as did republicans in their response. there is wide-spread agreement america needs to do more to ease the anxieties of middle class families. but as darren gersh reports, solutions that help workers climb into the middle class and stay there are easy to talk about, but hard to implement. >> reporter: it may not solve all the problems, but a rapidly growing economy is a good place to start when it comes to creating middle class jobs. a tight labor market makes it possible for workers to demand raises and better benefits. which is why former obama adviser jared bernstein thinks economic austerity is the wrong medicine to take right now. >> you have public governments across europe and the united states sort of pulling out their fiscal supports too soon and that's hurting the middle class. >> reporter: of course conservatives consider bloated public spending a burden that threatens long-run economic growth which would hurt the middle class. and that
company private. >> tom: and president obama makes another push to avoid government spending cuts as deficit watchdogs roll out a plan to reduce government debt. >> susie: we have that and more tonight on "n.b.r." hope and optimism here on wall street today; investors are buying up stocks as a wave of deals sweeps through corporate america. today, investors were enthusiastic about a possible merger between office depot and office max, and they're also keeping score as the major indexes get closer to new records. the dow is a little more than 100 points from its all-time high set back in 2007, and the s&p needs only 30 points to break its milestone. the dow rose almost 54 points, the nasdaq rising 22, and the s&p added 11 points. suzanne pratt now looks at who benefits from "deal mania." >> reporter: wall street bankers are off to a busy start this year as corporate america is feeling the urge to merge. from the american airlines-u.s. airways deal to warren buffet's ketchup acquisition, multibillion-dollar marriages are fast and furious. there's even an office romance brewing betwe
, the war of words over the sequester continued. president obama called on the nation's governors today to pressure lawmakers over the sequester, saying citizens of their states will be out of work. the american people are out there ef row day meeting their responsibilities, giving it their all to provide thor their families and their communities. a lot of are you doing the same things in your respective states. we need that same kind of attitude here in washington. at the very least the american people have a right to expect that from the representatives. >> we've got more on this from darren gersh. he spoke with one of the republican leaders in the u.s. house today. cathy mcmorris rogers. we began by asking whether the sequester will actually happen. >> i hope not. we'll see. march 1st is right around the corner. and what we need is for the president and the democratic senate to sit down and come up with a proposal to replace the sequester with a smarter approach to cutting the federal government. it's 2.4% over the next ten years. >> what is going to happen under the sequester and al
who have played president of the united states, but this moment with the vigor and use of the obama administration, there is so much focus placed on the white house, and you have to play the president, what made you want to do eight? >> there is a renewed interest and glamour and a new generation interested in politics. the biggest reasons were a combination of ann curry washington and -- of kerry washington and shonda rhimes. i have a long time felt that kerry is one of our best actresses working, and when shonda created the show i knew that would be interesting. i thought if there is a potential love interest with kerry washington, that is something you do not want to turn around, for a lot of reasons. >> that would be scandal. what do you make of the success she has in a relatively short time. she has got some hits in a relatively short time. when i read the pilot script and saw the first episode, immediately i thought, this woman has such a distinctive voice. when i think shonda is gifted, she has an idea of what people want to see in terms of popcorn, soap opera on value, but a
in the world, older than a corner. i gave one of these to president obama. he said stevie wonder had given him a grammatic. i said i give lessons, and he said, "that is nice, but i am a little busy right now." tavis: let me get out of the way, and we will give you the last minute, and you can play us out. this last project is called "get up!," 10 tracks. >> teh b side. we will send you some outtakes if it is not enough. tavis: the new project is called "get up!" charlie, nice to meet you and have you on. i will say one last thing. as always, thanks for watching. we will see you next time back here on pbs. until then, keep the faith. ♪ captioned by the national captioning institute ♪ >> something like that. tavis: there you have it. >> for more information on tavis: hi, i'm tavis smiley. join me next time for a provocative conversation with gina messina-dysert. that is next time. we will see you then. >> there is a saying that dr. king had that said there is always the right time to do the right thing. i just try to live my life every day by doing the right thing. we kno
. if i go back again, president obama, you're going to be missing a lot of stuff. tavis: what are you encouraging him to do? >> jobs. we were talking about that the other day. he was talking about jobs, unemployment. tavis: what did you tell them? >> i said we need more and appointed offices. -- more on and point offices. -- unemployment offices. i will run for president and announce it right here on the show. 2016. tavis: you are running? >> yes. all of the black people will get mad of me. every cabinet post, i will put mexicans in charge, because mexicans can get things done. they will bring people with them. anything that can be done, and mexican can do, and i will bring them along. who is the richest man in the world? a mexican. carlos slim. i know so much. have you noticed that you never see a homeless mexican? you never see a homeless mexican. eight bricks and three packs of chewing gum. you come back one week later, townhouses and condominiums all of the block. tavis: you were telling a joke one time when i came to see you in vegas above the wall being built. you said there wil
," and susan crawford served for a time as a special assistant to president obama for science, technology and innovation. right now she teaches communications law at the benjamin cardozo school of law here in new york city and is a fellow at the roosevelt institute. susan crawford, welcome. >> thank you so much. >> "captive audience?" who's the captive? >> us, all of us. what's happened is that these enormous telecommunications companies, comcast and time warner on the wired side, verizon and at&t on the wireless side, have divided up markets, put themselves in the position where they're subject to no competition and no oversight from any regulatory authority. and they're charging us a lot for internet access and giving us second class access. this is a lot like the electrification story from the beginning of the 20th century. initially electricity was viewed as a luxury. so when f.d.r. came in, 90% of farms didn't have electricity in america at the same time that kids in new york city were playing with electric toys. and f.d.r. understood how important it was for people all over america
means the obama administration is finally willing to fight a broader trend towards consolidation across industries. >> the president can really set a tone here, the attorney general can set a tone, the head of the antitrust division can set a tone. and the tone can be we're not going to accept the kind of consolidation we've seen over the last 15, 20 years. >> reporter: but the merger's ecnomoic payoff for anheuser busch is largely about what happens outside the united states. >> they believe there are great efficiencies to be had in mexico and in other markets in the world where corona is underdeveloped. so the primary focus of the deal for their $20 billion is what they can make in mexico and what they can do outside the u.s. >> reporter: anheuser-busch inbev offered to sell of it's interest in an importing arm to constellation brands and make the company the sole importer of corona beer for ten years. but the justice department says that solution does not go far enough. darren gersh, "n.b.r.," washington. >> susie: on wall street today, stocks finished lower on mixed news about the e
exchange. thanks a lot, brian white, tech analyst at topeka capital management. >> tom: president obama is once again pushing for a big deal to reduce the deficit. in a preview of the themes he'll lay out in next week's state of the union address, the president told house democrats today he'd press for a big agenda covering everything from fairness, and jobs to deficits and debt. darren gersh has more. >> reporter: with just a few weeks to go before automatic across the board spending cuts kick in, the president told fellow democrats his state of the union address next week will call for a change in course. >> i am prepared, eager and anxious to do a big deal, a big package, that ends this governance by crisis where every two weeks, or every two months, or every six months, we are threatening this hard-won recovery. >> reporter: republicans may not applaud during that part of the speech. they've blasted the president for offering symbolic solutions like a tax on corporate airplanes that would raise enough money to cover one month week of the automatic spending cuts know collectively as
is your feeling about what president obama has proposed? >> the new initiative, by the president, has a number of elements. one, is a significant expansion of the requirement for background screening. right now, 40% of the weapons purchased in the united states are bought at gun shows. congress deliberately excluded them from the background check provision. and so many of the guns, i believe the majority of guns used in crimes today, many of them come from that one particular source. so closing that loophole would go a long way toward reducing illegal firearms or firearms of any type in the hands of a criminal population. second initiative is the idea of changing the magazine clips that fit into many of these weapons so that they can only hold a certain number of rounds. as yet undetermined. i think that would be beneficial because an individual has to change a clip during a course of one of these mass shootings, that presents an opportunity to interrupt that behavior. a third initiative that is being made is, once again, a ban on assault weapons. i happen to think that one is not lik
Search Results 0 to 38 of about 39 (some duplicates have been removed)